Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$0Cash toward the purchase price.
Closing costs + prepaids$12,035Not just lender fees.
Before credits & paid funds$12,035The complete starting cash picture.
Estimated remaining funds due at closing
$12,035No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing−$2,388.75
Your down payment$0.00
Closing costs + prepaids$12,034.70
Total buyer cash needed$12,034.70
Remaining funds due$12,034.70
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,800.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$962.50
Initial HOA (3 months)$819.00
Prepaid interest, first (25 days)$1,228.20
Fees + prepaids$12,034.70
Your down payment is the seller’s equity. You take over the $282,389 balance, so the rest of the $280,000 price is paid at closing. A second mortgage can cover part of it. $12,034.70 is due at closing. Not a Closing Disclosure.